Cyber security Market- Asia-Pacific is Expected to Lead the Market 1 | Page 3

The increasing adoption of digital technologies, the need of analytics,
increasing return on investments (ROI), and a huge amount of data creation
have led the organizations to adopt descriptive analytics. The descriptive
analytics market is expected to grow at a CAGR of 18.2% during the period
2016–2022.
The descriptive analytics market is analyzed based on verticals and regions.
Verticals include BFSI, Retail & Consumer Goods, and Healthcare, Telecom and
Energy & Utilities and others. Globally, BFSI and Retail verticals are set to be
the major verticals and are contributing more than 42% of the market share in
2016 and Healthcare industry is set to be the emerging market in the next six
to seven years. In addition, customer analytics and risk analytics are expected
to outperform for analytics market growth in every industry sector followed by
financial analytics and sales & marketing analytics.